Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 15 : 12-Nov-25
The Ten Network’s latest corporate filings show that it posted a loss of $162m in 2024, which followed a loss of $322m for the previous year. The disappointing financial results have been attributed to factors such as low ratings and weak advertising revenue. Ten Network’s president Beverley McGarvey says it will consider bidding for the National Rugby League’s next broadcasting rights deal, noting that new US parent company Paramount Skydance is heavily investing in sports content. Media analyst Steve Allen says Ten needs the rights to some tier-one sports, noting that they remain popular with viewers despite the growing shift to streaming platforms.
CORPORATES
TEN NETWORK HOLDINGS LIMITED, PARAMOUNT SKYDANCE CORPORATION, NATIONAL RUGBY LEAGUE